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Wincor Nixdorf opens office in Moscow

05 November 2004  |  741 views  |  0 Source: Wincor Nixdorf

Having built up a successful business in the Russian market, Wincor Nixdorf – one of the world's leading suppliers of IT solutions to banks and retailers – has now opened its own office in Moscow.

With an initial staff of six, the office will primarily help turn country -specific requirements of partners and customers more quickly and more precisely into tailored solutions. The Company's highly successful business model of offering products, services and solutions via chosen partners in Russia is to continue unchanged.

"This move is an expression of our commitment to the major growth market of Russia," said Karl-Heinz-Stiller, President & CEO of Wincor Nixdorf AG, at the official opening ceremony. He went on to say, "In addressing international markets, proximity to our customers is of key significance." The opening of this new office should also be seen as evidence of the Company’s unrelenting pursuit of its strategy of driving forward its international expansion plans.

Wincor Nixdorf considers itself to have an excellent starting position in its business activities with banks and retailers. Wincor Nixdorf counts 350 of Russia’s total of 1,300 banks among its customers.

The foundation for the Company’s business with the Russian banking sector – highly fragmented by European standards – was laid as early as 1992 under the name "Siemens Nixdorf". Since 1997, there have been strategic collaborations with local companies acting as sales and service partners of Wincor Nixdorf. These are Delta Systems and Systema who were joined as Wincor Nixdorf partners by Inpas this year. These partners have for years ensured the existence of a full-coverage sales and service network. Even today, Wincor Nixdorf sells a broad range of products in Russia, comprising not just ATMs but also cash-in solutions, transaction terminals, self-service printers and total solutions for branch layouts. Setting up the new office in especially intended to aid business expansion in monitoring and services, consulting and software solutions. In this way, Wincor Nixdorf will in future be able to offer its customers a comprehensive range of offerings for all retail banking requirements.

Retail business with partners like Service Plus, Chrystal Services and Iskra was established in 1997 under the name of the Company's predecessor, Siemens Nixdorf. Working with these partners, Wincor Nixdorf accompanied the expansion of international businesses such as Ikea, Douglas and the Metro Group and has also succeeded in winning over leading Russian retailers.

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